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Military Exoskeleton Market

Military Exoskeleton Market (Type - Full body exoskeleton and Partial Body Exoskeleton; Power - Active Exoskeleton and Passive Exoskeleton) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Global Military Exoskeleton Market: Snapshot

The rising concern for safety has led to the defense sector across the world focusing on wearable robotics with their soldiers. Exoskeleton systems are one of the major areas of interest in the wearable robotics for defense applications. These suits give soldiers an additional strength to lift up heavy loads and also move swiftly in the battlefield. Moreover, the changing concept of warfare has led to the development of biological weapons, which can be deadly to the human body. To prevent direct contact to the biological elements, armies across the globe are investing in military exoskeletons. Against this background, the global market is expected to register a CAGR of CAGR of 14.4% to rise from US$924.5 mn in 2016 to reach US$3,042.4 mn by the end of 2025. However, the market faces a tough challenge of procuring these suits due to high cost.

military exoskeleton market

Partial Military Exoskeleton Segment Paces Ahead due to Rising Applications

The global military exoskeleton market has been segmented by types into full body exoskeletons and partial body exoskeleton. The partial body exoskeletons are expected to witness strong demand during the forecast period due to the rising application of these exoskeletons to provide support to injured soldiers. However, the ongoing research and development is expected to result into the development of flexible full body exoskeletons at lower prices which is expected to drive the demand in future. Analysts expect that the partial military exoskeleton segment is likely to be worth US$1,977.0 mn by the end of 2025.

On the basis of power, the market is fragmented into active exoskeletons and partial exoskeletons. The active exoskeletons are integrated with hydraulics and actuators which provided added strength and endurance to the soldiers during combat. Hence, the active exoskeletons have been analyzed to dominate the global military exoskeleton market during the forecast period.

Europe and North America Poised to Dominate Global Market as Situation in Middle East Worsens

Regionally, the global military exoskeleton market is divided into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America and Europe have been anticipated to be the most dominating region with over 50% of the global market in terms of revenue. North America includes the U.S. and Canada which are investing heavily towards the development of lightweight exoskeletons for the soldiers. The volatile political situation and deployment of the U.S. soldiers in the certain areas of the Middle East is primarily driving the need for upgraded military wearable and exoskeletons in the region. These factors are in return creating the need for military exoskeleton systems in Europe as well.

On the other hand, the emerging economies such as India and China are focusing on upgrading their defense capabilities which is in return expected to drive the demand for military exoskeletons in this region significantly. The rising defense budgets in these countries, growing concerns about border security, and increasing incidents of internal security violated have also had a positive impact on the Asia Pacific military exoskeleton market.

Some of the important players operating in the global military exoskeleton market are Lockheed Martin Corporation, BAE Systems, Raytheon Company, General Dynamics Corporation, Boeing, Honeywell Aerospace, Ekso Bionics Holdings, Bionic Power, Safran S.A., and SpringActive, Inc.

Global Military Exoskeleton Market to Expand with Advancements in Defense Technologies and Systems

The demand for improved aids and equipment in the defense industry has created new opportunities for growth within the global military exoskeleton market. There is little contention about the need for ensuring premium protection to military personnel. Therefore, apart from providing protection equipment, the personnel are also equipped protective gears such as exoskeletons and other wearables. Henceforth, the defense industry is required to fresh revenues in the global military exoskeleton market over the course of the next decade. Government across leading countries have shown resilience in strengthening their defense industry and architecture. In light of these factors, it is safe to state that the global military exoskeleton market would grow at stupendous pace in the times to follow.

  • The state authorities of a large number of regions and countries have ramped up their investment in military and aerospace operations in recent years. This owes to the fact that the integrity of national assets is largely guarded by military forces and defense personnel. Furthermore, border attacks launched by neighbouring foes has also led the state to increase its bar of safety on the borders. Countries sharing borders are often at non-cordial terms with each other. This necessitates the deployment of strong military forces on either side of the border. This has created stupendous demand within the global military exoskeleton market.
  • The growing anarchy amongst neighbouring states has become a cause of concern for the masses. Furthermore, the use of military exoskeletons for the protection of state infrastructure is a year-long commitment for the government. Therefore, even during strict lockdowns and shutdowns caused by the pandemic situation, military operations and defense strategies remained functional. In light of these factors, it is safe to project that the global military exoskeleton market would tread along a revenue-rich trajectory in the times to follow.

The Global Military Exoskeleton market can be segmented as follows;-

By Types
  • Full Body Exoskeleton
  • Partial Body Exoskeleton

By Power
  • Active Exoskeleton
  • Passive Exoskeleton

By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East and Africa
    • United Arab Emirates
    • Saudi Arabia
    • South Africa
  • Latin America
    • Brazil
    • Rest of Latin America

    Section 01 Preface 
    1.1 Report Scope & Market Segmentation 
    1.2 Research Highlights

    Section 02 Research Methodology 

    Section 03 Executive Summary – Military Exoskeleton Market 

    Section 04 Market Overview 
    4.1 Market Introduction 
    4.2 Market Trends 
    4.3 Market Dynamics 
          4.3.1 Drivers and Restraints: Snapshot Analysis 
          4.3.2 Drivers Growing demand for integrated soldier suites Rising demand for lightweight wearables 
          4.3.3 Restraints High cost of procurement
          4.3.4 Opportunities The emerging concept of modern warfare to bolster demand 
    4.4 Market Attractiveness Analysis by Types, 2016 
    4.5 Market Share of Key Players, 2016

    Section 05 Global Military Exoskeleton Market Analysis : By Types 
    5.1 Introduction 
    5.2 Global Military Exoskeleton Market Value Share Analysis, By Types 
    5.3 Global Military Exoskeleton Market Forecast By Types 
    5.4 Global Military Exoskeleton Market Analysis By Types 

    Section 06 Global Military Exoskeleton Market Analysis : By Power 
    6.1 Introduction 
    6.2 Global Military Exoskeleton Market Value Share Analysis, By Power 
    6.3 Global Military Exoskeleton Market Forecast By Power 
    6.4 Global Military Exoskeleton Market Analysis By Power 

    Section 07 North America Military Exoskeleton Market Analysis
    7.1 North America Military Exoskeleton Market Value Share Analysis, By Types 
    7.2 North America Military Exoskeleton Market Revenue and Forecast, By Types 
    7.3 North America Military Exoskeleton Market Value Share Analysis, By Power 
    7.4 North America Military Exoskeleton Market Revenue and Forecast, By Power  
    7.5 North America Military Exoskeleton Market Value Share Analysis, By Country 
    7.6 North America Military Exoskeleton Market Revenue and Forecast, By Country 
    7.7 North America Military Exoskeleton Market Analysis, By Country 
          7.7.1 US Military Exoskeleton Market Revenue and Forecast
          7.7.2 Canada Military Exoskeleton Market Revenue and Forecast 
          7.7.3 Mexico Military Exoskeleton Market Revenue and Forecast

    Section 08 Europe Military Exoskeleton Market Analysis
    8.1 Europe Military Exoskeleton Market Value Share Analysis, By Types 
    8.2 Europe Military Exoskeleton Market Revenue and Forecast, By Types 
    8.3 Europe Military Exoskeleton Market Value Share Analysis, By Power 
    8.4 Europe Military Exoskeleton Market Revenue and Forecast, By Power  
    8.5 Europe Military Exoskeleton Market Value Share Analysis, By Country 
    8.6 Europe Military Exoskeleton Market Revenue and Forecast, By Country 
    8.7 Europe Military Exoskeleton Market Analysis, By Country 
          8.7.1 UK Military Exoskeleton Market Revenue and Forecast
          8.7.2 Germany Military Exoskeleton Market Revenue and Forecast       
          8.7.3 France Military Exoskeleton Market Revenue and Forecast
          8.7.4 Italy Military Exoskeleton Market Revenue and Forecast
          8.7.5 Rest of Europe Military Exoskeleton Market Revenue and Forecast

    Section 09 Asia Pacific Military Exoskeleton Market Analysis
    9.1 Asia Pacific Military Exoskeleton Market Value Share Analysis, By Types 
    9.2 Asia Pacific Military Exoskeleton Market Revenue and Forecast, By Types 
    9.3 Asia Pacific Military Exoskeleton Market Value Share Analysis, By Power 
    9.4 Asia Pacific Military Exoskeleton Market Revenue and Forecast, By Power  
    9.5 Asia Pacific Military Exoskeleton Market Value Share Analysis, By Country 
    9.6 Asia Pacific Military Exoskeleton Market Revenue and Forecast, By Country 
    9.7 Asia Pacific Military Exoskeleton Market Analysis, By Country 
          9.7.1 China Military Exoskeleton Market Revenue and Forecast
          9.7.2 Japan Military Exoskeleton Market Revenue and Forecast 
          9.7.3 India Military Exoskeleton Market Revenue and Forecast
          9.7.4 South Korea Military Exoskeleton Market Revenue and Forecast
          9.7.5 Rest of Asia Pacific Military Exoskeleton Market Revenue and Forecast

    Section 10 Middle East and Africa Military Exoskeleton Market Analysis
    10.1 Middle East & Africa Military Exoskeleton Market Value Share Analysis, By Types 
    10.2 Middle East & Africa Military Exoskeleton Market Revenue and Forecast, By Types 
    10.3 Middle East & Africa Military Exoskeleton Market Value Share Analysis, By Power 
    10.4 Middle East & Africa Military Exoskeleton Market Revenue and Forecast, By Power  
    10.5 Middle East and Africa Military Exoskeleton Market Value Share Analysis, By Country 
    10.6 Middle East and Africa Military Exoskeleton Market Revenue and Forecast, By Country 
    10.7 Middle East and Africa Manufacturing Market Analysis, By Country 
          10.7.1 Saudi Arabia Military Exoskeleton Market Revenue and Forecast
          10.7.2 UAE Military Exoskeleton Market Revenue and Forecast 
          10.7.3 South Africa Military Exoskeleton Market Revenue and Forecast

    Section 11 Latin America Military Exoskeleton Market Analysis
    11.1 Latin America Military Exoskeleton Market Value Share Analysis, By Types 
    11.2 Latin America Military Exoskeleton Market Revenue and Forecast, By Types 
    11.3 Latin America Military Exoskeleton Market Value Share Analysis, By Power 
    11.4 Latin America Military Exoskeleton Market Revenue and Forecast, By Power  
    11.5 Latin America Military Exoskeleton Market Value Share Analysis, By Country 
    11.6 Latin America Military Exoskeleton Market Revenue and Forecast, By Country 
    11.7 Latin America Military Exoskeleton Market Analysis, By Country 
          11.7.1 Brazil Military Exoskeleton Market Revenue and Forecast
          11.7.2 Rest of Latin America Military Exoskeleton Market Revenue and Forecast

    Section 12 Company Profiles
    12.1 Lockheed Martin Corporation 
          12.1.1 Company Details
          12.1.2 Market Presence
          12.1.3 SWOT Analysis
          12.1.4 Financial
          12.1.5 Strategic Overview
    12.2 BAE Systems 
          12.2.1 Company Details
          12.2.2 Market Presence
          12.2.3 SWOT Analysis
          12.2.4 Financial
          12.2.5 Strategic Overview
    12.3 Raytheon Company 
          12.3.1 Company Details
          12.3.2 Market Presence
          12.3.3 SWOT Analysis
          12.3.4 Financial
          12.3.5 Strategic Overview
    12.4 General Dynamics Corporation 
          12.4.1 Company Details
          12.4.2 Market Presence
          12.4.3 SWOT Analysis
          12.4.4 Financial
          12.4.5 Strategic Overview
    12.5 Boeing 
          12.5.1 Company Details
          12.5.2 Market Presence
          12.5.3 SWOT Analysis
          12.5.4 Financial
          12.5.5 Strategic Overview
    12.6 Honeywell Aerospace 
          12.6.1 Company Details
          12.6.2 Market Presence
          12.6.3 SWOT Analysis
          12.6.4 Financial
          12.6.5 Strategic Overview
    12.7 Ekso Bionics Holdings 
          12.7.1 Company Details
          12.7.2 Market Presence
          12.7.3 SWOT Analysis
          12.7.4 Financial
          12.7.5 Strategic Overview
    12.8 Bionic Power 
          12.8.1 Company Details
          12.8.2 Market Presence
          12.8.3 SWOT Analysis
          12.8.4 Financial
          12.8.5 Strategic Overview
    12.9 Safran S.A. 
          12.9.1 Company Details
          12.9.2 Market Presence
          12.9.3 SWOT Analysis
          12.9.4 Financial
          12.9.5 Strategic Overview
    12.10 SpringActive, Inc. 
          12.10.1 Company Details
          12.10.2 Market Presence
          12.10.3 SWOT Analysis
          12.10.4 Financial
          12.10.5 Strategic Overview

    List of Tables

    1 Global Market Size (USD Million) Forecast, By Types, 2016 – 2025 
    2 Global Market Size (USD Million) Forecast, By Power, 2016 – 2025 
    3 North America Military Exoskeleton Market, Revenue (US$ Mn and Forecast, By Types, 2016–2025 
    4 North America Military Exoskeleton Market, Revenue (US$ Mn and Forecast, By Power, 2016–2025 
    5 North America Military Exoskeleton Market, Revenue (US$ Mn and Forecast, By Country, 2016–2025 
    6 Europe Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Types, 2016–2025 
    7 Europe Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Power, 2016–2025 
    8 Europe Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Country, 2016–2025 
    9 Asia Pacific Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Types, 2016–2025 
    10 Asia Pacific Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Power, 2016–2025 
    11 Asia Pacific Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Country, 2016–2025 
    12 Middle East and Africa Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Types, 2016–2025 
    13 Middle East and Africa Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Power, 2016–2025 
    14 Middle East and Africa Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Country Type, 2016–2025 
    15 Latin America Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Types, 2016–2025 
    16 Latin America Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Power, 2016–2025 
    17 Latin America Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Country, 2016–2025 

    List of Figures 

    1 Report Scope 
    2 Market Size, Indicative (USD Million) 
    3 Market Size, By Types, 2025 (USD Million) 
    4 Market Share, By Regions, 2016 & 2025
    5 Key Trends
    6 Market Attractiveness Analysis by Types 2016
    7 Dominating and Emerging Players, 2016 
    8 Military Exoskeleton: Global Market Value Share Analysis By Types, 2016 and 2025
    9 Full Body Exoskeleton Market, 2016 – 2025, USD Million 
    10 Partial Body Exoskeleton Market, 2016 – 2025, USD Million 
    11 Military Exoskeleton: Global Market Value Share Analysis By Power, 2016 and 2025
    12 Active Exoskeleton Market, 2016 – 2025, USD Million 
    13 Passive Exoskeleton Market, 2016 – 2025, USD Million 
    14 North America Military Exoskeleton Market, 2016 – 2025, USD Mn 
    15 North America Military Exoskeleton Market, Value Share Analysis, By Type, 2016 and 2025 
    16 North America Military Exoskeleton Market, Value Share Analysis, By Power, 2016 and 2025 
    17 North America Military Exoskeleton Market, Value Share Analysis, By Country, 2016 and 2025 
    18 U.S. Military Exoskeleton Market, 2016 – 2025, USD Mn 
    19 Canada Military Exoskeleton Market, 2016 – 2025, USD Mn 
    20 Mexico Military Exoskeleton Market, 2016 – 2025, USD Mn 
    21 Europe Military Exoskeleton Market, 2016 – 2025, USD Mn 
    22 Europe Military Exoskeleton Market Value Share Analysis, By Type, 2016 and 2025 
    23 Europe Military Exoskeleton Market Value Share Analysis, By Power, 2016 and 2025 
    24 Europe Military Exoskeleton Market, Value Share Analysis, By Country, 2016 and 2025 
    25 U.K. Military Exoskeleton Market, 2016 – 2025, USD Mn 
    26 Germany Military Exoskeleton Market, 2016 – 2025, USD Mn 
    27 France Military Exoskeleton Market, 2016 – 2025, USD Mn 
    28 Italy Military Exoskeleton Market, 2016 – 2025, USD Mn 
    29 Rest of Europe Military Exoskeleton Market, 2016 – 2025, USD Mn 
    30 Asia Pacific Military Exoskeleton Market, 2016 – 2025, USD Mn 
    31 Asia Pacific Military Exoskeleton Market, Value Share Analysis, By Type, 2016 and 2025 
    32 Asia Pacific Military Exoskeleton Market, Value Share Analysis, By Power, 2016 and 2025 
    33 Asia Pacific Military Exoskeleton Market, Value Share Analysis, By Country, 2016 and 2025 
    34 China Military Exoskeleton Market, 2016 – 2025, USD Mn 
    35 Japan Military Exoskeleton Market, 2016 – 2025, USD Mn 
    36 India Military Exoskeleton Market, 2016 – 2025, USD Mn 
    37 South Korea Military Exoskeleton Market, 2016 – 2025, USD Mn 
    38 Rest of Asia Pacific Military Exoskeleton Market, 2016 – 2025, USD Mn 
    39 Middle East and Africa Military Exoskeleton Market, 2016 – 2025, USD Mn 
    40 Middle East and Africa Military Exoskeleton Market, Value Share Analysis, By Type, 2016 and 2025 
    41 Middle East and Africa Military Exoskeleton Market, Value Share Analysis, By Power, 2016 and 2025 
    42 Middle East and Africa Military Exoskeleton Market, Value Share Analysis, By Country, 2016 and 2025 
    43 UAE Military Exoskeleton Market, 2016 – 2025, USD Mn 
    44 Saudi Arabia Military Exoskeleton Market, 2016 – 2025, USD Mn 
    45 South Africa Military Exoskeleton Market, 2016 – 2025, USD Mn 
    46 Latin America Military Exoskeleton Market, 2016 – 2025, USD Mn 
    47 Latin America Military Exoskeleton Market, Value Share Analysis, By Type, 2016 and 2025 
    48 Latin America Military Exoskeleton Market, Value Share Analysis, By Power, 2016 and 2025 
    49 Latin America Military Exoskeleton Market Value Share Analysis, By Country, 2016 and 2025 
    50 Brazil Military Exoskeleton Market, 2016 – 2025, USD Mn 
    51 Rest of Latin America Military Exoskeleton Market, 2016 – 2025, USD Mn

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Military Exoskeleton Market

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